Company News: Kohl's (KSS) quarterly results beat analysts’ estimates

Market news

2 March 2021

Company News: Kohl's (KSS) quarterly results beat analysts’ estimates

Kohl's (KSS) reported Q4 FY 2021 earnings of $2.22 per share (versus $1.99 per share in Q4 FY 2020), beating analysts’ consensus estimate of $1.03 per share.

The company’s quarterly revenues amounted to $6.141 bln (-10.1% y/y), beating analysts’ consensus estimate of $5.850 bln.

The company also issued guidance for FY 2022, projecting EPS of $2.45-2.95 versus analysts’ consensus estimate of $2.67 and revenues of increase in the mid-teens percentage range versus analysts’ consensus estimate of +11% or $17.69 bln.

KSS rose to $57.50 (+0.88%) in pre-market trading.

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